Vista Energy is making headlines with its $1.5 billion acquisition of Petronas‘ stake in the la amarga Chica oil field, a notable move in Argentina’s Vaca Muerta. This strategic acquisition marks a pivotal shift in the energy landscape, highlighting the rising dominance of homegrown companies in the Vaca Muerta shale play and what it means … Read more
Following internal pressure,OPEC+ has decided to increase oil production in May,but what does this mean for the global market? This article explores the recent agreement by the Organization of the Petroleum Exporting Countries and its allies related to the adjustment of OPEC+ oil output. Learn how the group is balancing rising demand with market stability … Read more
Based on the provided web search results, here’s a comprehensive overview of the oil market as of February 2025: Global Oil Inventories Table of Contents Global Oil Inventories Oil Prices and Demand Market Optimism Asia Pacific Oil Prices Price Developments in January 2025 Conclusion References: Oil Market Oscillations: Factors Driving Price Movements in Early 2025 … Read more
Trump Targets Russian Oil revenue to End Ukraine War In a bold move to fulfill his campaign promise of ending the Russia-Ukraine war, president Donald trump is intensifying efforts to target Russia’s oil revenue. The president believes that reducing oil prices through OPEC+, the alliance of oil-producing nations, could force Moscow to reconsider its nearly … Read more
WTI Oil Prices Plunge Below $75 as Trump Calls on OPEC to Lower Costs In a dramatic turn of events, Donald Trump, the leader of the United States, has sent shockwaves thru the global oil market. WTI crude oil prices plummeted more than 1%, breaking below $75 a barrel, following Trump’s announcement that he would … Read more
Russia and Ukraine Reject Gas Transit Deal, Sparking European Energy Crisis Table of Contents Russia and Ukraine Reject Gas Transit Deal, Sparking European Energy Crisis Russia-Ukraine Transit Deal Collapse: Europe Faces Winter Energy Crunch Understanding the Breakdown Immediate Impact on Energy Markets Securing Alternative Supplies Broader Geopolitical Implications The end of a crucial gas transit … Read more
Three sources said Wednesday that the alliance OPEC plus He could postpone a planned increase in oil production that is expected to take effect in December by a month or more, citing concerns about weak oil demand and high supply. The increase of 180,000 barrels per day was supposed to be implemented in October last … Read more
Technology chiefs and investors in Britain have warned that entrepreneurs may be forced to leave the country if the government goes ahead with its controversial plans to increase capital gains tax on share sales. Recent media reports indicate that Treasury Secretary Rachel Reeves is planning to increase the capital gains tax (CGT), which is applied … Read more
Joyful crowds numbering in the hundreds welcomed King Charles of Britain and his wife, Queen Camilla, with a warm welcome on Sunday in Sydney after they attended a mass. The king said that his visit to Australia, his first to a place belonging to the Royal Crown since he ascended the throne, made him feel … Read more
A recent damning report in the UK revealed that court procedures in sexual violence cases are deeply traumatizing for some victims, with nearly three-quarters of survivors being questioned by defense lawyers facing questions based on false and harmful assumptions about rape. Research conducted by Victim Support (a charity that provides assistance and guidance to victims … Read more